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Mon September 16 2024

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Bryson acquires Eurotec assets

24 Aug 23 Bryson, a supplier of safety, fixings and protection products to the construction and fit-out industry, has acquired assets of failed competitor Eurotec Group.

Eurotec went into administration earlier this year after 20 years of trading.

Surrey-based Bryson has reached a deal with the administrators to purchase stock, machinery, graphics, intellectual property, the Eurotec company name and domain and customer lists.

Bryson has also taken on several Eurotec staff, including former owner Tony Burrows, former director Emily Saffill.

Bryson managing director Daniel Reiner said: 鈥淓urotec has been a well-respected competitor for many years and it is truly sad to see this happen.

鈥淲orking with the administrators and key Eurotec management, this has provided an opportunity for greater economies of scale, and further strengthens and enhances the Bryson service offering and product range, as well as adding some key strategic customers to our portfolio.

鈥淲e鈥檙e determined to provide continuity of supply to customers and we want to provide a new home for those staff who have joined the Bryson team.鈥

Former Eurotec owner Tony Burrows added: 鈥淭aking the positives from a difficult and challenging trading period, I鈥檓 truly energised and appreciate the opportunity that some of the Eurotec team and I now have with Bryson.鈥

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